Garrett Motion Stock Price, News & Analysis (NYSE:GTX)

Garrett Motion trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTX."

Garrett Motion Inc (NYSE:GTX) announced its quarterly earnings results on Tuesday, July, 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.82 by $0.04. The firm earned $802 million during the quarter, compared to the consensus estimate of $831.99 million. Garrett Motion had a negative return on equity of 44.81% and a net margin of 34.50%. The firm's quarterly revenue was down 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.03 earnings per share. View Garrett Motion's Earnings History.

Garrett Motion is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Garrett Motion.

7 brokers have issued twelve-month price targets for Garrett Motion's stock. Their predictions range from $8.00 to $22.00. On average, they anticipate Garrett Motion's stock price to reach $14.3333 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View Analyst Price Targets for Garrett Motion.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garrett Motion.

Headlines about GTX stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Garrett Motion earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Garrett Motion.

Garrett Motion saw a decrease in short interest in August. As of August 15th, there was short interest totalling 4,079,200 shares, a decrease of 13.3% from the July 15th total of 4,702,600 shares. Based on an average daily volume of 842,800 shares, the short-interest ratio is presently 4.8 days. Approximately 5.5% of the shares of the company are short sold. View Garrett Motion's Current Options Chain.

Some companies that are related to Garrett Motion include Dorman Products (DORM), LCI Industries (LCII), Dana (DAN), Adient (ADNT), Veoneer (VNE), Meritor (MTOR), Gentherm (THRM), Delphi Technologies (DLPH), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Stoneridge (SRI), IOCHPE MAXION S/S (IOCJY), Cooper-Standard (CPS), Tenneco (TEN) and Tower International (TOWR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include Honeywell International (HON), Home Depot (HD), Verizon Communications (VZ), Alibaba Group (BABA), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Procter & Gamble (PG), Resideo Technologies (REZI), CVS Health (CVS) and Visa (V).

Garrett Motion's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.30%), Vanguard Group Inc. (10.20%), Deccan Value Investors L.P. (8.20%), Price T Rowe Associates Inc. MD (5.00%), Dynamo Internacional Gestao DE Recursos LTDA. (2.64%) and Morgan Stanley (1.19%). View Institutional Ownership Trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Deccan Value Investors L.P., Price T Rowe Associates Inc. MD, Strs Ohio, Bank of New York Mellon Corp, Natixis, Natixis and Tocqueville Asset Management L.P.. View Insider Buying and Selling for Garrett Motion.

GTX stock was bought by a variety of institutional investors in the last quarter, including Dynamo Internacional Gestao DE Recursos LTDA., Renaissance Technologies LLC, University of Notre Dame DU Lac, Intrepid Capital Management Inc., First Trust Advisors LP, AQR Capital Management LLC, Point72 Asset Management L.P. and Investec Asset Management LTD. View Insider Buying and Selling for Garrett Motion.

Shares of GTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GTX stock can currently be purchased for approximately $10.83.

Garrett Motion has a market capitalization of $808.13 million and generates $3.38 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $4.05 on an earnings per share basis. Garrett Motion employs 7,500 workers across the globe.View Additional Information About Garrett Motion.

The official website for Garrett Motion is http://www.garrettmotion.com/.

Garrett Motion's mailing address is LA PIECE 16, ROLLE V8, 1180. The company can be reached via phone at 41-21-695-3000 or via email at [email protected]